Tax Reform

October 26, 2018

And just like that, comprehensive tax reform has come and gone. After making a handful of last-minute technical changes, the Senate voted 51-48 in the very early hours of the morning on Dec. 20 to pass tax reform. The same afternoon, the House voted 224-201 to pass the final version with the Senate's updates. President Trump signed the bill into law on Dec. 22.

Congress will undertake efforts to pass an additional bill to correct technical errors in the tax reform legislation when it reconvenes in January, but this is not expected to significantly change the substance of the tax overhaul. 

Assessed in its totality, this tax reform will be more detrimental to philanthropy than beneficial.

Learn How This Tax Reform Will Impact Your Organization

See the Council's statement on the passage of the final tax reform bill - December 20, 2017.

See the Council's joint statement with Independent Sector and the National Council of Nonprofits in opposition to the bill - December 16, 2017.


Tax Reform in the Conference Committee

After the House and Senate passed differing versions of tax reform, the bill underwent the conference committee process to iron-out the differences between the two versions of the bill, and a final version of the bill was reported out of committee on Friday, Dec. 15.

The conferees were:

House Conferees: Kevin Brady (R-TX), Fred Upton (R-MI); Rob Bishop (R-UT); Devin Nunes (R-CA); Peter Roskam (R-IL); Diane Black (R-TN); Kristi Noem (R-SD); Don Young (R-AK); John Shimkus (R-IL); Richard Neal (D-MA); Sandy Levin (D-MI); Lloyd Doggett (D-TX); Raúl Grijalva (D-AZ); Kathy Castor (D-FL).

Senate Conferees: Orrin Hatch (R-UT); Mike Enzi (R-WY); Lisa Murkowski (R-AK); John Cornyn (R-TX); John Thune (R-SD); Rob Portman (R-OH); Tim Scott (R-SC); Pat Toomey (R-PA); Ron Wyden (D-OR); Bernie Sanders (I-VT); Patty Murray (D-WA); Maria Cantwell (D-WA); Debbie Stabenow (D-MI); Bob Menendez (D-NJ); Tom Carper (D-DE).

View a Side-by-Side Comparison of H.R.1 and S.1

See the Council's joint advertisement in Roll Call with Independent Sector and the National Council of Nonprofits - December 6, 2017.

See the Council's joint letter with Independent Sector and the National Council of Nonprofits to conferees - December 5, 2017.


Tax Reform in the Senate

The Senate Finance Committee—led by Chairman Orrin Hatch (R-UT)—released the Chairman’s Mark of their tax reform bill on Nov. 9, 2017. The Committee began marking-up the bill on Monday, Nov. 13, and passed it out of committee on a straight, party-line vote of 14-12 without accepting any amendments from committee members (with the exception of some changes from Chairman Hatch). In the early hours of the morning on December 2, the Senate passed its version of the tax bill (S.1) on a mostly party-line vote of 51-49.

View an Analysis of S.1

See the Council's statement on Senate passage of S.1 - December 2, 2017.

See the Council's joint letter with Independent Sector and the National Council of Nonprofits in opposition to the Senate tax bill - November, 29, 2017. 


Tax Reform in the House

Republican leaders in the House—led by Speaker Paul Ryan (R-WI) and Ways and Means Committee Chairman Kevin Brady (R-TX)—introduced their bill on Nov. 2, 2017. The bill was passed out of the Ways and Means Committee on Nov. 9, 2017, sending the bill to House floor for a vote by the full chamber. On Nov. 16, the House voted to pass H.R. 1 by a largely party-line vote of 227-205. 

View an Analysis of H.R. 1

See the Council's statement on House passage of H.R. 1 - November 16, 2017.

See the Council’s joint advertisement in POLITICO with Independent Sector and the National Council of Nonprofits – November 15, 2017.

See the Council's joint statement with the National Council of Nonprofits on H.R. 1 - November 13, 2017.

See the Council's statement on the Joint Committee on Taxation's (JCT) analysis of the impact of H.R. 1 on charitable deductions - November 8, 2017.

See the Council's statement on the Tax Cuts and Jobs Act (H.R. 1) - November 2, 2017.

For more information on how these tax reform proposals impact specific issues, see our webpages for:

Don't forget to subscribe to the Council’s Washington Snapshot newsletter for weekly updates on tax policy developments.


Other Resources on Tax Reform